Trust Services

Commercial Bank’s Trust Department is here for you and your loved ones.We understand that every individual has different needs, and likewise, we serve our customers through a variety of trust services.

Individual Attention

That is what sets us apart from other companies offering trust services. We go to great lengths to understand and plan for your immediate needs, as well as your long-term goals.

Investment Management Accounts

Working with you, we can determine your objectives and design an investment portfolio to meet your personal needs. As manager of your assets, we track your investments, provide you with a periodic statement, and send you a year-end tax summary.

Trust Accounts

You have worked hard and saved and invested carefully to be as comfortable as possible during your retirement years. As your nest egg increases in size, so does the need to protect it from the problems that can plague even the best organized estates—estate taxes, incapacity of the estate holder, the need for privacy, caring for minor children, and more. Protect your assets during your life and after with a trust.

The two most common types of trusts are living trusts and testamentary trusts.

A Living Trust is created during your lifetime. It offers you peace of mind knowing your assets will be distributed as you direct. A trust document, unlike a will, is a private document so your private affairs remain private. It avoids the probate process and reduces estate settlement costs. It provides for someone you trust to handle your assets according to your wishes should you become incapacitated.

A Testamentary Trust is established in your will and does not take effect until you die. The trust receives your assets at your death and distributes them as you direct. Usually, the purpose of this trust is to protect your children or other beneficiaries. You can even direct your trust to provide for children from a previous marriage or for children with special needs. The testamentary trust can also assist your surviving spouse in managing your estate and in providing a steady income.

Executor or Administrator of an Estate

Understanding the laws of the probate process and the tax consequences associated with a person’s death can be overwhelming. Let Commercial Bank ease your mind and your burden.

Custodial Accounts

Commercial Bank and Trust also acts as custodian carrying out the customer’s directions while performing day-to-day administrative functions.

Guardian or Conservator

When appointed by the court, the Trust Department may become responsible for the property of a minor or an incompetent individual. We make sure that the needs of these individuals are met and court reports are filed.

Other Services

Life Insurance Trust

Cemetery Trust

Escrow & Retainage Accounts

Scholarship & Endowment Funds

Invitation

We invite you to visit us on the first floor of the Commercial Bank building located at 101 North Poplar Street in Paris, TN. We have the resources to provide the level of service you expect, and we have the sincere desire to help you.

The trust department’s services are so broad, it is hard to list and describe them all. The best approach is to call us.

Emily Walker,
Vice President and Trust Officer
731-641-9382

Dustin Smith,
Senior Trust Accountant
731-641-9386

Miranda Moon,
Assistant Trust Officer
731-641-9368

Those outside the Paris area, may dial 800-273-8889 or e-mail us at trust@cbtcnet.com to discuss your individual needs and long-term goals.

Please DO NOT include any account numbers, social security numbers, or any sensitive personal financial information in your emails to us. Information you submit via email is not encrypted and can potentially be read by others.

Your relationship with Commercial Bank’s Trust Department will serve you well during your lifetime and those you love and care for into the future. Contact us today for an appointment to discuss your current financial situation as well as your expectations for the future.

NOTE: Some services offered in the Trust Department are not FDIC insured and are subject to investment risks, including possible loss of principal amount invested.